The board of directors of the Quando Company in Singapor
Question and Solution
The board of directors of the Quando Company in Singapore was presented with the following list of investment projects f
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The board of directors of the Quando Company in Singapore was presented with the following list of investment projects for implementation in 2010:PROJECT TOTAL COST SINGAPORE DOLLARS ESTIMATED RATE OF RETURN Factory in Kuala Lumpur $17,356,400 13% Factory in Bangkok 15,964,200 15 A new company aircraft 10,000,000 12 A factory outlet store 3,500,000 18 A new computer network 2,000,000 20 A cafeteria for workers 1,534,000 7 Sketch total investment as a function of the interest rate (with the interest rate on the Y-axis). Currently, the interest rate in Singapore is 8 percent. How much investment would you recommend to Quando
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